TRADE PAIRS ANALYSIS

in forex •  7 years ago 

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USDJPY TECHNICAL ANALYSIS.

So far so good we have USDJPY having an ASCENDING TRIANGLE PATTERN And so a buy move will be best traded after the horizontal trend line breakout @ 110.30

A 20pip SL risk can be used and a take profit of 60 pips

With a good risk management. For small accounts less than 500$ 0.01-0.02 is advisable not more than three positions should be opened.

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